CNBC Top Stories

Ford remains under federal investigation as part of a multi-year probe into corruption of the United Auto Workers union, according to the case's top prosecutor.

Trump and his supporters have focused intently on the violence throughout the Republican National Convention this week, tying Democrats to "anarchists" and "rioters" seen at some events.

Joe Biden's running mate, Kamala Harris, unloaded on President Donald Trump for his response to the coronavirus. More than 180,000 Americans have died so far from Covid-19.

There's only one speech that matters Thursday. As Donald Trump accepts his party's nomination, look for him to try to frame Joe Biden as the Washington insider incumbent and himself as the answer to all that ails America.

The New York Mets and Miami Marlins jointly walked off the field after a moment of silence, draping a Black Lives Matter T-shirt across home plate as they chose not to play Thursday night.

The U.S. government wanted a technology provider as the lead bidder on a deal for TikTok, pushing Walmart toward Microsoft and away from a consortium with SoftBank and Alphabet.

Selling through the Amazon marketplace was "hard to give up, sort of like smoking," said Powell's CEO Emily Powell. But when Amazon prioritized essential supplies over books in the early days of the coronavirus pandemic, that sealed the deal.

Gap said Thursday when it reported quarterly earnings that it brought in $130 million in sales during the latest period for its face masks. That includes sales to individuals and to businesses.

Trump plans to use his speech at the Republican National Convention to announce the deal, a White House official said.

The coronavirus has infected more than 24.27 million people around the world so far, killing at least 827,801 people.

The Fed wants to go far deeper to get lower-income and underemployed Americans to work, before it pulls back from its easy policies.

The players requested the postponements and the league supported the decision, the NHL and NHL Players' Association said in a joint statement.

Walmart said TikTok's integration of e-commerce and advertising "is a clear benefit to creators and users in those markets."

MKM Partners' Michael Darda reacts to the Federal Reserve's historic policy shift.

Gap Inc. said Thursday its total sales tumbled 18% during the latest quarter, as e-commerce revenue surged 95% from a year ago, but those gains were offset by a 48% drop in store sales during the coronavirus pandemic.

"People really missed the cinemas and wanted to go back into the big screen,"Cineworld CEO Mooky Greidinger told CNBC.

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Contessa Brewer breaks down how the disaster response to Hurricane Laura is complicated by Covid-19 safety protocols. Plus the latest on today's suspenseful TikTok drama, and CNBC's Bob Pisani explains how the the unbalanced stock ownership levels in America help the rich get richer.

Workday will have a dual CEO structure for the first time since one of its co-founders, Dave Duffield, stepped down in 2014.

Pier 1 stores were known for their "treasure hunt" atmosphere and renowned for their colorful home furnishings and distinctive holiday decorations. But times have changed and Pier 1's unique blend of products and experience no longer seemed to resonate with consumers in a sea of furniture outlets, big box stores and online retailers.

Analysts and industry-watchers say TikTok fits into Walmart's broader strategy to expand its reach with customers, collect valuable consumer data and amp up its e-commerce business to fend off Amazon.